Category archives: News

‘Project’ bikes are big sellers as Bonhams’ Stafford Sale ends

Some assembly required, yet this 1927 Brough went for more than $400,000 at auction | Bonhams photos
Some assembly required, yet this 1927 Brough went for more than $400,000 at auction | Bonhams photos

Bonhams completed its two-day Stafford Sale of classic motorcycles this past weekend in England by claiming a European record for such a sale at $5.57 million.

The first day of the sale featured the Lonati Collection, a single-owner collection of some 60 vintage American bikes that sold for $2.05 million.

The second day of the sale featured a variety of consignments, with “projects” — parts awaiting restoration and reassembly — leading the way. A 1927 Brough Superior 981cc SS100 Alpine Grand Sport project sold for $400,132 and a 1926 Brough Superior 981cc SS100 Alpine Grand Sport project went for $365,539. Continue reading

BMW is featured marque for 2016 Monterey vintage races

A BMW leads the way through the Corkscrew at 2015 Monterey Reunion | Laguna Seca photo
A BMW leads the way through the Corkscrew at 2015 Monterey Reunion | Laguna Seca photo

BMW, which celebrates its centennial in 2016, will be the featured marque at the Rolex Monterey Motorsports Reunion next August, Mazda Raceway Laguna Seca announced Monday. The track also said it will begin accepting registrations from vintage racing car owners for the 550 available places on the starting grids on October 26.

Car owners have until January 31, 2016, to secure a place in the paddock. Then, a seven-person governing committee considers each car’s authenticity, racing provenance and the historical accuracy of its mechanical components and livery before approving each entry. Continue reading

Collector marketplace down fifth consecutive month: Hagerty

hagertyoctober15

If the astronomic prices paid in August at auctions on the Monterey Peninsula weren’t enough to boost the monthly Hagerty Market Rating for September, there was little chance of a change of direction in October.

Hagerty announced the latest figures Monday. They were down, not only for the fifth consecutive month but the rating suffered the largest one-month drop since July 2013. Continue reading

Historic 1956 Ferrari 290 MM built for Fangio to be auctioned at RM Sotheby’s New York sale

The 1956 Ferrari 290 MM has a singular provenance of legendary race drivers | RM Sotheby’s
The 1956 Ferrari 290 MM has a singular provenance of legendary race drivers | RM Sotheby’s

The history of 1956 Ferrari 290 MM, chassis 0626, is almost breathtaking.  This superb works Ferrari bodied by Scaglietti was built specifically for five-time F1 World Champion Juan Manuel Fangio, arguably the greatest racing driver of all time, to compete in the 1956 Mille Miglia.  He single-handedly finished the 1,000 km race fourth overall in a driving rainstorm. Continue reading

My Classic Car: Petey’s 1973 Triumph TR6

Sketches show the desired look
Sketches show the desired look

I’ve had this car a few years. Like a lot of custom builders, your own car project seems to hit the back burner.

I restored many cars in my day and fell into the foreign car circle. Getting the pleasure of doing the small cars seems to be more fun.

I’m doing this car for SCCA racing. The TR6 is going to be a semi hot rod to my liking after I completely give her a going over. I will sell her to a happy customern in hopes to keep her tradition alive, like the commercial says: Don’t crush them, restore them. Continue reading

Hagerty adds motorcycles to its valuation tool kit

1947 Indian Chief | Hagerty photos
1947 Indian Chief | Hagerty photos

The Hagerty Price Guide is being expanded to include classic motorcyles as well as four-wheeled collector vehicles.

The latest guide, published on the Hagerty Valuations Tools website, includes some 9,200 bikes built from 1894 through 1996 by 61 different manufacturers. Bikes are priced in four levels of condition. Also provided are model histories, current and historic pricing, and recent auction sales figures. Continue reading